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Barclays Bank Cuts Thousands of Jobs, Raises Bonuses

HeadlineFeb 11, 2014

Barclays bank is planning to cut up to 12,000 jobs while raising bonuses for its investment bankers. Barclays says up to 9 percent of its workers may lose their jobs, even as the bank raised bonuses at its investment bank by 13 percent, paying out nearly $4 billion last year.

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